Macroeconomic Monitor
Начало / 2013 / април

2013.04

Market, not good governance in Bulgaria

Darik Radio has published the Charter for Good Governance of Bulgaria 2013-2018. The document, authored by over 20 experts and analysts, aims to draw public attention to priority areas for the Bulgarian economy and society. It examines the problems of these areas and proposes reforms that will push Bulgaria …

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Everything is going according to plan for the elections. GERB and BSP

Observing the wiretapping scandal, one is reminded of the words of Niccolo Machiavelli that "those deeds that are undesirable to the subjects, rulers should assign to others to do, and those that are desirable they should perform themselves." The Renaissance philosopher's thought can be directly attributed to the statements of Tsvetan Tsvetanov...

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Are Bulgarian producers more special?

Representatives of the "Made in Bulgaria" union accuse (some) of the retail chains in the country of monopoly and unfair practices aimed at extracting maximum profit and "eating" the profits of local producers.

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How did Estonia do in 10 years what we promise in 20?

The years of transition can be characterized with many epithets, including “controversial,” “uncertain,” “disappointing,” and perhaps someone with a more optimistic view of the period would use words like “successful,” “dynamic,” or “inevitable.” However, one thing stood out as an irrefutable trend during these years, and that is precisely the long lists of …

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Ten myths about Margaret Thatcher*

Left-wing commentators have been using argumentum ad nauseam against Margaret Thatcher's government - the accusations are the same no matter how much evidence they are refuted by or how many times they are proven wrong. Some of their claims have been debunked by Alistair Heath on City AM, but that doesn't stop the anti-Thatcher squad from...

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Guest article: The 10 measures of the UDF

We continue with the topic of election campaigns and programs, focusing on the parties on the right. And the UDF opened its election campaign with 10 measures (of which I will look at 8, because the other 2 are not available) that will "modernize" Bulgaria (or at least they won't take it back).

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DSB does not make a big left turn*

After reviewing the economic programs of three parties – GERB, BSP and DBG – in the previous issue of the weekly bulletin, we continue the review with the recently published document by “Democrats for a Strong Bulgaria” (DSB). To some extent, the policies set out in it are surprising as more market-oriented than we would have expected, following the recent appearances of individuals …

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Guest article: Banking lessons from Cyprus

However, the imposed capital controls and the "haircut" have the positive effect of directing public attention to the essence of fractional banking and the fact that the "conservative" method of saving - the bank deposit - is in practice a loan to institutions that cannot possibly fulfill all their obligations and need ...

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